Bitcoin (BTC) price has been struggling below $100,000 for the past eight days. Despite this, BTC keeps its position as the biggest crypto by far, with a market cap of $1.9 trillion.

Whale accumulation has slightly recovered from recent lows but remains weak compared to previous months, suggesting cautious sentiment among large holders. If BTC fails to build buying pressure, it could face further downside, while a breakout above key resistances could reignite bullish momentum.

BTC Ichimoku Cloud Shows Mixed Signals

The Ichimoku Cloud for BTC shows a mixed signal. The price is currently trading near the cloud but lacks a strong trend. The Kijun-sen (red line) and Tenkan-sen (blue line) are close together, indicating weak momentum and potential consolidation.

The cloud itself is thin in some areas, suggesting that the indicator provides little resistance or support. Additionally, the price has recently moved below the cloud, which is generally a bearish sign, but the cloud ahead is turning neutral, meaning the trend remains uncertain.

The Senkou Span A (green) and Senkou Span B (red) are nearly flat, reinforcing the lack of a strong directional bias.

The Chikou Span (green line) is hovering around the price, further confirming the market’s indecision. If the cloud ahead starts expanding, it could provide better trend clarity, but for now, the market seems to lack strong momentum.

The combination of a thin cloud and compressed indicator lines suggests Bitcoin is in a phase of low volatility, where neither bulls nor bears have full control.

Bitcoin Whales Still Struggle After Reaching Year-Low Levels

The number of BTC whale addresses, those holding at least 1,000 BTC, recently hit a yearly low of 2,034 on January 29, after a sharp decline throughout January. While it attempted a rebound, reaching 2,043 on February 6, the number dropped again before starting a slow recovery to 2,050.

Tracking whale activity is crucial because these large holders often influence market liquidity and volatility.

A decreasing number of whales can indicate reduced accumulation from major investors, potentially leading to weaker price support.

Although the whale count has rebounded slightly from its lowest point, it remains at relatively low levels compared to previous months. This suggests that while some large holders are returning, there hasn’t been a strong resurgence in accumulation.

A sustained increase in whale addresses could signal renewed confidence in BTC, while continued stagnation or decline may indicate cautious sentiment among major investors.

If whales remain hesitant to accumulate, BTC’s price could struggle to build strong upward momentum in the near term.

BTC Price Prediction: Will BTC Reclaim $100,000 Soon?

Bitcoin EMA lines remain bearish, with short-term EMAs still positioned below long-term ones. Currently, Bitcoin price is trading near the key support level of $96,700, which is crucial for maintaining stability.

If this level is tested and broken, selling pressure could intensify, leading to a drop toward $91,274.

However, if BTC price can establish an uptrend, the first major resistance to watch is $97,766. A breakout above this level could signal a shift in momentum toward $100,222.

If the uptrend strengthens, BTC could test $102,700, and a continuation of strong bullish momentum could push it further to $106,300.

Bitcoin ETF outflows continue as Powell’s rejection of rate cuts and high inflation trigger a pullback from institutional investors. However, the Ethereum ETF market performed well, showing strong confidence and investor appetite for buying the dip.

It may be alluring to suggest that high inflation will decrease investment across the entire crypto market, but other factors can overcome this bearish headwind.

Bitcoin ETFs Feel the Inflation

Since the SEC first approved Bitcoin ETFs in 2024, they’ve heralded a wave of integration between the crypto industry and traditional finance. In some ways, crypto has benefitted greatly, with BlackRock’s IBIT counting as one of the most successful ETFs ever. This market entanglement, however, can sometimes have a negative impact, as shown by recent outflows:

Yesterday, the Bitcoin ETF market saw $56.76 million in outflows, with $243 million in total outflows this week. This may seem surprising at first, considering that these funds were headed toward a dramatic recovery less than a month ago.

However, the BTC ETFs saw their first week of net outflows in 2025 last week, and outflows have since continued.

A few factors in the broader market help explain this phenomenon. Top-level analysts have predicted that US inflation and economic policies will have an outsized role on the crypto market, and that prediction is coming true. Yesterday, Jerome Powell rejected President Trump’s plan to use rate cuts to reduce inflation.

Powell’s decision does have a few positive factors for crypto, but in the short term, it’s making investors very skittish. US inflation climbed to 3% YoY this morning, causing capital to pull back from Bitcoin and its ETF market.

However, these factors have not halted the momentum of Ethereum ETFs, as they saw inflows of $12.58 million yesterday.

Perversely, this ETF category is actually gaining from its asset’s underlying woes, in contrast with Bitcoin. Last week, these products saw a huge rush in trading volume as investors sought to buy the dip. Since then, Ethereum has stayed low, pushing ETF inflows to a two-month high.

In short, inflation and other broad market factors have triggered a brief pullback for Bitcoin ETFs, but they aren’t the only factors in play. For Ethereum, there seems to be a strong short-term confidence.

The upcoming Pectra upgrade in March and recent purchases from Donald Trump-backed World Liberty Financial have driven institutional interest in the largest altcoin. So, the US spot Ethereum ETF market might continue to see net inflows as long as ETH is below $3,000.

Dogecoin’s price has shown little momentum recently, holding around $0.25, with no clear direction emerging. This uncertainty has extended into the futures market, where traders are unsure of the coin’s next move. 

However, long-term holders (LTHs) are exhibiting resilience, continuing to HODL their positions and providing some support for recovery.  

Dogecoin Is Facing Uncertainity

The Mean Coin Age (MCA) indicator is showing a noticeable uptick, signaling that long-term holders are refraining from liquidating their DOGE. Instead, these investors are maintaining their positions, which is a good sign for Dogecoin’s price stability. Their continued holding behavior suggests they are confident in a potential recovery.  

This resilience from LTHs plays a crucial role in supporting Dogecoin’s price, particularly during times of uncertainty. While short-term traders may be reacting to market fluctuations, the steadfast actions of LTHs offer the potential for price recovery and a foundation for future growth should broader market conditions improve.  

The broader macro momentum for Dogecoin remains uncertain, as the funding rate has been fluctuating between positive and negative. This fluctuation reflects a market in which traders are uncertain of the direction and shifting their positions accordingly. As the funding rate becomes more negative, short contracts are dominating over long contracts, pointing to increased bearish sentiment.  

This uncertainty in market sentiment has left Dogecoin vulnerable to further volatility. Negative funding rates suggest that traders are betting on further price declines, and a shift toward bearish sentiment may weigh heavily on DOGE’s performance. The lack of clear, bullish indicators means the market remains on edge, especially for short-term investors.  

DOGE Price Prediction: Bouncing Back

Dogecoin is currently priced at $0.254, finding itself back within a descending wedge pattern after briefly slipping out of it. This pattern often suggests potential for upward movement in the future. While the target for the pattern remains above $0.400, the immediate goal for DOGE is to reclaim the $0.268 support level.  

Securing $0.268 as support would be crucial for Dogecoin, enabling the altcoin to move towards $0.311. If the price can establish a solid footing at this level, it may signal the beginning of a more substantial price recovery, drawing in additional buying interest from both retail and institutional investors.  

However, failing to breach $0.268 could set the stage for another downtrend. If the price fails to hold this support, Dogecoin could fall to as low as $0.220, invalidating the bullish thesis and prolonging the current uncertainty. This scenario would signal continued weakness and likely result in further selling pressure.